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Feder: Cumulus Media's New York sale worries WLS staffers

The sale of legendary New York radio station WABC last week sent shock waves through Cumulus Media Chicago where employees of news/talk WLS 890-AM wondered if their station could be next, Robert Feder writes.

The flagship of the former ABC Radio empire went for $12.5 million to Red Apple Media, owned by New York billionaire John Catsimatidis.

Get the full report, and more Chicago media news, at robertfeder.com.

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